lactose-free dairy market
Food And Beverages

Global Lactose-Free Dairy Market Size, Drivers, Trends, Opportunities And Strategies – Includes Lactose-Free Dairy Market Growth

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increase in organic food and beverage consumption is likely to promote innovation in lactose-free dairy manufacturing, propelling the market during the forecast period.

 

The global lactose-free dairy market is expected to grow from $10.95 billion in 2022 to $11.88 billion in 2023 at a compound annual growth rate (CAGR) of 8.5%. The global lactose-free dairy market size is expected to grow to $16.13 billion in 2027 at a CAGR of 8.0%.

 

Get A Free Sample On The Global Lactose-Free Dairy Market Report:
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Global Lactose-Free Dairy Market Segments Include:

  • By Type: Milk, Cheese, Yogurt, Other Types
  • By Form: Solid, Liquid, Powder
  • By Distribution Channel: Hypermarkets Or Supermarkets, Convenience Stores, Online Channels, Other Distribution Channels
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the global lactose-free dairy market in 2021.

 

Major Market Players in the lactose-free dairy market include Dairy Farmers of Americas Inc., General Mills Inc., Lifeway Foods Inc., Nestle S.A., Saputo Inc., The Coca-Cola Company, Organic Valley, Johnson & Johnson, Prairie Farms Dairy Inc., Omira GmbH.

 

Product innovation is a crucial trend that is gaining traction in the lactose-free dairy sector. To maintain their market position, major corporations are producing revolutionary items such as animal-free creams, easy-to-digest products, and others. For example, Modern Kitchen, a US-based animal-free products company, will launch the world’s first animal-free cream cheese in February 2022. Precision fermentation technique is used to encode DNA sequences from actual dairy into microorganisms that generate proteins similar to real milk. The product is lactose-free, hormone-free, and cholesterol-free, and it is created from real dairy.

 

The Lactose-Free Dairy Global Market Report 2023  provides a lactose-free dairy market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The lactose-free dairy market forecast analyzes lactose-free dairy market size, lactose-free dairy market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Lactose-free dairy products offer all of the nutrients found in conventional dairy minus lactose. Lactose-free goods are designed for people who are lactose intolerant; however, they are not often suitable for people who have milk allergies or follow a vegan or dairy-free diet.

 

Explore Similar Reports From The Business Research Company:

Dairy Food Global Market Report 2023

Dairy Alternatives Global Market Report 2023

Dairy Ingredients Global Market Report 2023

 

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